Blockchain
Breaking news: Oly Sport opens Testnet to give away VR glasses and NFT horses to the best riders
![](https://europeangaming.eu/portal/wp-content/uploads/2021/12/testnet-1-1.jpg)
Oly Sport’s limited Testnet will last from December 28-30 with valuable gifts for the best players.
Following the set schedule, Oly Sport is ready to enter the Testnet phase in the last week of this December. Oly Sport is a horse racing game built on the Binance Smart Chain platform with a unique play-to-earn mechanism and particular horse breeding system.
After a long time waiting, Oly Sport has officially announced the first round of Testnet from December 28 to December 30. This is a critical stage to prepare for the Mainnet, so Oly Sport will give unique slots to those who have supported the project since the early days, specifically as follows:
Reward:
- Top 1-3: Oculus Quest 2
- Top 50: Lucky draw to win purebred horses (Total horses: 6 horses of 3 breeds, 2 of each breed)
(Except for the prize, any data at the Testnet stage will not be transferred to the Mainnet)
In addition to the rewards, Testnet participants will understand the gameplay mechanics better, how to earn $OLY from the races, and the impact of $OLY on the in-game economy. This experience will play a crucial role in improving Oly Sport’s final version for the development team.
Oly Sport is the latest project of CEO Jimmy Chan and his startup team in Canada. Jimmy Chan started with a real estate company called Odyssey 3D, which quickly grew to Top 100 companies in Ontario, Canada.
Revolutionizing traditional horse racing
Oly Sport is a game that follows the metaverse trend, solves the traditional problem using the blockchain, and is the only game that does not follow the betting like conventional horse racing. Furthermore, the $OLY token will be secured by tangible assets – natural land.
Unique horse system
The NFT horses in Oly Sport are characterized by dissimilar DNA, bloodline, genotype, generation, rarity, coat color, and genetic potential. Each horse is a different being that brings different values. That’s why Hollywood Star Lindsay Lohan spent 80,000 BUSD to buy a Majestic Sam Horse at the first auction of Oly Sport on November 29.
Outstanding economic system
Not only provides a unique race-to-earn mechanic experience, but Oly Sport also helps players become “shareholders” of real-life racecourses – something that no other NFT games can do.
Celebrity endorsement
The long-term vision and strategy of the development team have made Oly Sport more and more popular. The NFT horse racing project has received much support from prestigious sports journalist Fabrizio Romano, famous car vlogger Supercar Blondie, Shark Tank shark Kevin O’Leary.
Blockchain
MultiversX Unveils Breakthrough In Blockchain Sharding; Enables Hyper-Scalability and Interoperability For Top Network
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/MultiversX-Unveils-Breakthrough-In-Blockchain-Sharding-Enables-Hyper-Scala_20240610_143935_0000.png)
MultiversX (EGLD), leading smart contract platform known for sharding, has announced the launch of Sovereign Chains, its breakthrough Blockchain-as-a-Service solution for the Web3 ecosystem. The new solution for layer 2s (L2s) inherits and extends further the outstanding capabilities provided by MultiversX, and offers developers a simplified setup process that only takes a few commands.
Beyond industry-leading performance and extended configurability, it also unlocks for the first time seamless interoperability for L2s built atop leading blockchains such as Bitcoin, Ethereum and Solana, solving the issues around fragmentation and isolation. To encourage development on the new Sovereign Chains infrastructure SDK, MultiversX has additionally announced a US$1 million grant program for builders.
In a live demo of the platform’s capabilities, the first Sovereign Chain ever deployed reached a constant throughput of over 70,000 transactions per second. To put this in perspective, existing L2 solutions shifting to Sovereign Chains will be able to see their throughput increase up to 100X. Sovereign Chains make all these leaps in terms of hyper-scalability and interoperability possible with the unique cross-shard module MultiversX operates on, modified and improved for native cross-chain operations, as well as a new consensus mechanism, new execution models and significant VM improvements.
Speaking on the successful rollout of Sovereign Chains, Beniamin Mincu, Co-Founder and CEO of MultiversX, said, “The Web3 world is encumbered by fragmentation and siloed ecosystems that limit interoperability and suffer from scalability issues. Through Sovereign Chains, we have taken the core capabilities of the MultiversX network – scalability, usability and security – and extended them to create the first truly unified Web3 ecosystem in a developer-friendly interface.”
Developers can leverage the powerful Sovereign Chains’ stack to create customized private or public blockchains, with a maximum degree of flexibility. They have the possibility to set, for example, gas fees in the token of their choice and build using any virtual machine, including EVM and the MultiversX VM, to suit their needs. Sovereign Chains can communicate natively with each other without external bridges and their associated risks & complexity, thus being ideal for intuitive and secure solutions for diverse sectors, such as healthcare, education, government services, financial systems or supply chain management.
As one of the most robust blockchain architectures globally, MultiversX boasts an ecosystem of 8200 dApps, with a close-knit community of developers & users spanning 40 countries.
One such developer, Alex Jilavu, Co-Founder and Lead Developer at OneFinity Chain, expressed confidence in the potential of Sovereign Chains to streamline both the development process and adoption, adding, “As a builder, the task of building a project from the ground up is extremely demanding. Sovereign Chains provide the foundational strengths of MultiversX, giving us the room to focus on developing what’s important for our product.”
OneFinity is working on an EVM-compatible platform, looking to open the Sovereign Chains ecosystem to Ethereum users and developers. It joins other companies such as CyberNetwork (GameFi), and Pi Squared (ZK Tech), leveraging MultiversX’s network sharding technology.
In addition to enhancing performance across blockchain networks, Sovereign Chains further inherits MultiversX’s on-chain 2FA capabilities, offering one of the most powerful security layers for users in all of Web3.
Blockchain
Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto
![](https://europeangaming.eu/portal/wp-content/uploads/2024/05/9-2.jpg)
A brand-new online lottery portal built on blockchain technology is shaking things up in the world of chance. Metalottery, the first-ever decentralised blockchain lottery platform, officially launched, introducing a new era of transparent, thrilling and rewarding lottery gaming. By combining cutting-edge blockchain technology with the excitement of lotteries, Metalottery offers players unprecedented fairness, security and the potential to win life-changing prizes.
“Metalottery is not just another lottery; it’s a paradigm shift. We’re giving power back to the players by offering a transparent, secure, and exciting lottery experience that’s built for the web3 age,” Dioni Bouropoulos, COO of Poollotto Finance, said.
Unlike traditional lotteries, Metalottery uses Chainlink’s Verifiable Random Function (VRF) to ensure provably fair and unbiased results for every draw. And with new lottery rounds starting every 8 hours, players can enjoy the thrill of winning more often than ever before.
At the heart of Metalottery is the PLT token, the fuel of the platform’s ecosystem that players can use to purchase tickets. Metalottery makes purchasing Pool Lottery Token (PLT) available and straightforward on their website. Players can also spin the “Wheel of Fortune” for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.
Bouropoulos added: “Our platform is designed to be inclusive and accessible to a global audience. By combining innovative technology with a user-friendly interface, we empower players to take control of their lottery journey. We are charging no fees for participation and all proceeds from tickets go towards the jackpot. Our goal is to build the biggest lottery community in the world.”
Blockchain
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
![](https://europeangaming.eu/portal/wp-content/uploads/2024/04/20-1.jpg)
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
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